July 14, 2020 1:25 PM

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Karnataka: NABARD extends grant assistance of Rs 221.89 cr to support 298 watershed projects

<span style="color: #222222;">In Karnataka, NABARD has extended a grant assistance of 221.89 crore rupees to support 298 watershed projects in over three lakh hectares benefitting 66,500 families. The State has about 75 percent of rainfed area. According to NABARD press release the projects have resulted in improving the crop productivity, diversification, soil and water conservation and socio-economic condition of the beneficiaries.</span><br />'' <span style="color: #222222;"> </span><br />'' <span style="color: #222222;">To mitigate the COVID 19 impact on rural population, NABARD has released 2200 crore rupees in the state to the Co-operative and Regional Rural Banks under a special line of credit over and above the normal limits. NABARD in Karnataka observed its 39th Foundation Day yesterday. </span> <br />

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